Cornish Lithium gets £54 million in backing for new mine
Cornish Lithium said that it had raised 67 million US dollars (£53.6 million) from three investors.
Source: falmouthpacket.co.uk
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Cornish Lithium said that it had raised 67 million US dollars (£53.6 million) from three investors.
Cornish Lithium receives £24m funding round, part of £168m financing, to achieve commercial production of lithium and contribute to the UK's low-carbon transition.
UK Infrastructure Bank leads funding of project to extract compounds used for electric vehicle batteries
The UK Infrastructure Bank will take a £24 million stake in the project as part of the investment.
The government says the funding will support "the UK’s critical minerals supply chain".